|All Time High:|
|Market Cap: |
|The price of #ETN today is $0.00288 USD.|
The lowest ETN price for this period was $0, the highest was $0.00288, and the exact current price of one ETN crypto coin is $0.00288339.
The all-time high ETN coin price was $0.23.
Use our custom price calculator to see the hypothetical price of ETN with market cap of ETH and how the supply affects the price of ETN at different market capitalizations.
|The code for Electroneum is #ETN. |
Electroneum is 4.9 years old.
|The current market capitalization for Electroneum is $51,696,777.|
Electroneum is ranking upwards to #291 out of all coins, by market cap (and other factors).
|There is a modest daily trading volume on #ETN.|
Today's 24-hour trading volume across all exchanges for Electroneum is $22,608.
|The circulating supply of ETN is 17,929,164,495 coins, which is 85% of the maximum coin supply.|
Electroneum has a relatively large supply of coins, 147 times larger than Ethereum's supply, as an example.
More Electroneum (#ETN) News
|Invesco Introduces a Metaverse-Oriented Investment Fund: Report
The American investment management company - Invesco - reportedly launched a Metaverse fund, which will invest in large, medium, and small-cap firms that have stretched their operations to the virtual reality.
Last year, the investment giant filed documents to launch two crypto-based ETFs in the USA. Several months later, though, it blamed the US SEC for its unfriendly stance on such products and abandoned its plans.
Hopping on the Metaverse Bandwagon
According to a coverage by Citywire, the latest prominent entity to join the Metaverse club is the multinational investment corporation - Invesco. It released a fund that will invest in American, Asian, and European companies that have a presence in the augmented reality.
Tony Roberts will act as Manager of the feature, while James McDermottroe will serve as a Deputy Fund Manager. Both executives are part of Invesco's UK-based Asia & Emerging Markets equities team.
The Invesco Metaverse fund will focus on several strategic areas, including next-generation operating and computer systems, networks for hyperconnectivity, immersive platforms developed with artificial intelligence, and hardware and devices that provide access to the Metaverse.
Commenting on the initiative, Roberts predicted that by 2030 virtual and augmented reality could deliver a $1.6 trillion boost to the global economy.
'While the Metaverse's applications to entertainment are increasingly well-understood, the interconnectivity that it enables will likely have a t...
|Deutsche Börse Partners With Kaiko to Access Crypto Market Data
Crypto data provider Kaiko has announced partnering with Deutsche Börse Group as the latter aims to expand its presence in the digital asset industry.
According to the official press release, the integration is expected to be completed by the fourth quarter of this year.
The latest move is focused on expanding the German stock exchange's market reach.
As part of the partnership, the French digital assets data platform will provide Deutsche Börse Group with tick-level trade data from all centralized and decentralized crypto exchanges.
Kaiko collects data from more than 100 such trading platforms for both the spot and derivatives markets.
The tick level data collected from the centralized exchanges alone account for around 150,000 instruments. It also covers a majority of blockchain protocols such as Ethereum or Avalanche
Following the development, Alireza Dorfard, Head of Market Data and Services at Deutsche Börse, highlighted the high demand among its for consolidated data from exchanges to develop relevant crypto-focused investment strategies in light of high volatility and price fluctuation. The exec also added,
'Our new offering fulfills this need, helps our clients gain a deeper understanding of the cryptocurrency market, and allows them to analyze specific events. With Kaiko and its extensive catalog of data types, we have found the right partner for this purpose.”
Deutsche Börse's first tryst with the crypto industry dates bac...
|Fidelity International Lists Cheapest Bitcoin ETP in Europe
The London-based investment management company, Fidelity International, listed a Bitcoin exchange-traded product (ETP) in Europe in response to increased institutional demand.
The product, called the Fidelity Physical Bitcoin ETP, began trading on Germany's Deutsche Börse AG and Frankfurt Stock Exchange on Tuesday (February 15, 2022) under the ticker symbol 'FBTC.'
The Bitcoin ETP launch targets institutional and professional clients. A survey by Fidelity Digital Assets in July 2021 showed that 70% of institutional respondents were planning to diversify into digital assets. According to a statement from Christian Staub, Fidelity International's managing director for Europe:
“As this technology becomes increasingly accepted, our clients are rightly asking for an efficient way to benefit from this trend. FBTC offers clients an institutional quality solution to enter the market in a familiar, simple and secure way.”
Furthermore, the physically-backed Bitcoin ETP will charge a fee of 0.75%, which is said to be 'the joint-cheapest on the European market along with SEBA Bank's Bitcoin Tracker Certificate USD (SBTCU).'
Fidelity Digital Assets will act as the custodian of the ETP, while Eurex Clearing will centrally clear the product. FBTC will be available for listing on the SIX Swiss Exchange in the coming weeks.
Fidelity Investments started as the International investment subsidiary of the Boston-based multinational financial services giant Fidelity Investmen...
|21Shares Adds Aave, Chainlink, and Uniswap ETPs on BX Swiss
21Shares AG – a Switzerland-based investment product issuer – announced the listing of three new cryptocurrency exchange-traded products on the BX Swiss. Aave, Chainlink, and Uniswap are respectively the underlying assets of the ETPs.
Additionally, the global investment manager – VanEck – introduced its first multi-token cryptocurrency fund.
Diving Deeper into ETPs
According to a recent press release, 21Shares has doubled down on its digital asset endeavors by rolling out three more exchange-traded products based on cryptocurrencies. The ETPs are now listed on the stock exchange operator BX Swiss and track the performance of the following projects: Aave, Chainlink, and Uniswap.
The company described the first as “the forefront of decentralized finance through its open-source, non-custodial liquidity market protocol.”
Chainlink, in turn, is among “the most sophisticated networks” which has grown to encompass a significant number of use cases for DeFi, NFTs, and gaming applications, 21Shares outlined.
Uniswap delivers liquidity and trading for tokens of the Ethereum blockchain. The rapid development of the project has allowed its ecosystem to integrate more than 300 applications, compassing for a trading volume of over $750 billion.
Hany Rashwan – CEO and Co-Founder of 21Shares – pointed out that the most recent listings will enable investors to gain greater access to the crypto world.
“This is another exciting a...
|Deutsche Börse Saw 922% Increase in Investors Demand for Cryptocurr...
The leading German stock market operator - Deutsche Börse – noted that cryptocurrency exchange-traded products (ETPs) had been highly attractive options for investors over the past year. The company outlined that the average monthly trading turnover in crypto ETNs surged to more than $1 billion, or +922%, than in 2020 ($115 million).
Crypto ETPs with a Record Performance
Deutsche Börse presented the record numbers in its most recent report. To meet the growing demand for digital asset products, the stock market operator expanded its services in 2021.
It enabled clients to delve into 36 cryptocurrency exchange-traded notes (ETNs) focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polkadot (DOT), Cardano (ADA), and more. In comparison, those products were only four at the end of 2020.
A couple of months ago, Deutsche Börse announced the listing of a Bitcoin Spot ETN on its digital stock exchange Xetra. The product came from Invesco - an American management firm that previously filed for a Bitcoin futures ETF in the US but got rejected.
Additionally, last year Deutsche Börse included a multi-currency capability for ETFs. The new option allows customers to trade the same International Securities Identification Number (ISIN) in parallel across several currencies on Xetra.
With trading volumes of over $220 billion in 2021 and 1,757 different offerings, the latter remained Europe's leading trading venue for ETFs, the stock market operator highlighted.